The Moral Limits to the Market Economy, and the Financial Crash (web publication)

In the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest itself in greed, selfishness and exploitation. However, this paper argues that a market economy can help nurture good human attributes such as trust, good timekeeping, professionalism, concern for others, and so on.